After bankruptcy, the road to rebuilding credit can be both challenging and daunting. Among the many decisions to make, one question looms large. Should you treat credit cards differently post-bankruptcy? To learn more, you can explore the best practices for managing...
Personal Bankruptcy
What happens to my credit card debt during bankruptcy?
Making the choice to file for bankruptcy can be scary, and you likely have valid concerns regarding what your financial situation will be like throughout the bankruptcy process. The process itself entails granting relief from payment obligations while you get a handle...
How to rebuild your credit after bankruptcy
When financial headwinds become too heavy, bankruptcy is often the logical solution. Filing can help you retake control and get back on your feet. Despite this, going bankrupt is bound to harm your credit. Such an event will exist on your report for up to a decade....
Will bankruptcy require you to sell your dog?
Bankruptcy and Your Pet West Caldwell is a canine’s paradise. After all, the area has trails, parks and other places that are perfect for pooches. If you have a dog, you also likely have a better quality of life. In fact, according to psychologists, spending time with...
Bankruptcy can stop harassing phone calls from creditors and more
Many New Jersey residents find themselves in financial distress for one reason or another. By the time they consider filing bankruptcy, creditors could be calling incessantly and demanding payment. Fortunately, one of the benefits filers enjoy is that filing for...
You may keep some property, and some debts, in bankruptcy
New Jersey residents could have some misconceptions regarding bankruptcy. Many people believe that the court will require them to give up all of their property. Others believe that they will be able to discharge all of their debts. Neither of these statements about...
Should bankruptcy be an option for student loan debt relief?
This question seems to be gaining some traction in political circles. With nearly $1.5 trillion dollars in student loan debt across the country, some sources say that something needs to be done before another nationwide economic crisis occurs. Re-instituting...
Medevac helicopter rides can push people into bankruptcy
Any New Jersey resident who has been involved in a serious accident or suffered from a medical emergency knows how high the medical bills and other expenses can get. Many of those people have filed bankruptcy in order to be free from the overwhelming amount of health...
Filing bankruptcy can stop a multitude of creditor actions
Many New Jersey residents find themselves in financial distress for a variety of reasons. Regardless of what caused them to be unable to pay their bills, creditors' responses are often similar. Filing for bankruptcy can stop creditor actions since an "automatic stay"...
What happens to property during a bankruptcy?
Many New Jersey residents might hesitate to file for bankruptcy because they are concerned about losing their property. Fortunately, the U.S. Bankruptcy Code provides for filers to be able to keep certain property. Furthermore, if a filer wants to keep a piece of...